- Mosman Oil and Gas said authorities in Australia's Northern Territory had approved a one-year suspension of a three-year work commitment programme for a prospect in the Amadeus basin.

'This is exactly the decision Mosman had sought and now the company can move forward with the 2D seismic acquisition, seismic processing and interpretation and exploration well planning,' Mosman said.

The company said it was already progressing the work program having contracted a seismic acquisition contractor.

It had also completed field visits during 2019 to assess the terrain and logistical requirements for the seismic survey.

At 9:51am: [LON:MSMN] Mosman Oil And Gas Ltd share price was +0.01p at 0.25p

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